00:00:00 - Intro
00:01:47 - Summary of Mike's work on passive investing
00:05:43 - Discussion of practical implications for individual investors
00:08:17 - Analysis of portfolio protection strategies and hedging
00:11:37 - Discussion of creating a factor-based approach to passive flows
00:15:38 - Explanation of market elasticity and Haddad's research
00:21:31 - Discussion of passive investing becoming a monopoly
00:24:41 - Analysis of portfolio diversification beyond stocks and bonds
00:28:06 - Examination of passive's impact on bond markets
00:31:26 - Discussion of potential warning signs and end game scenarios
00:35:16 - Analysis of whether a bear market could change passive dynamics
00:38:37 - Discussion of returning to fundamentals-based investing
00:42:36 - Analysis of regulatory changes and QDIA impact
00:45:28 - Summary of Mike's overall perspective
00:46:47 - Final thoughts on market distribution changes
FOLLOW MIKE ON TWITTER
https://twitter.com/profplum99
SEE LATEST EPISODES
https://www.excessreturnspod.com
FIND OUT MORE ABOUT VALIDEA
https://www.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau